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The India Cements Limited

The India Cements Limited

INDIACEM.BO
The India Cements LimitedIN flagBombay Stock Exchange
383.40
INR
-0.85
- -
118.81BMarket Cap
The India Cements Limited
INDIACEM.BO
(Bombay Stock Exchange)

Recent

price

383.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
117.8
150.71
167.88
165.46
164.75
158.44
167.53
170.77
185.93
167.2
145.55
156.77
180.71
161.27
89.07
96.48
108.02
Revenue per Share
2.13
8.84
6.12
-7.92
-0.11
3.77
5.11
2.29
0.68
1.62
6.67
2.53
-4.09
-7.34
-3.09
-1.45
-8.65
Basic EPS, GAAP
-13.76
9.08
5.44
8.9
12.61
25.82
22.24
8.92
12.19
4.4
28.43
8.73
-2.49
6.99
-6.85
-5.37
- -
Free Cash Flow per Basic Share
2.33
1.84
2.35
2.34
-0.03
0.01
1.14
1.14
1.03
0.92
0.56
0.93
0.93
- -
- -
- -
- -
Dividend per Share
37.84
41.05
44.95
36.71
27.94
30.24
32.38
32.21
31.41
31.82
37.05
10
10
10
6.67
6.67
- -
Book Value per Share
120.7
119.54
122.47
113.26
159.58
163.04
167.56
168.11
165.41
172.27
179.02
185.96
184.8
177.56
218.02
217.68
- -
Tangible Book Value per Share
307
307
307
307
307
308
308
308
309
310
310
310
310
310
465
465
387
Basic Weighted Avg Shares
36,186
46,296
51,569
50,827
50,607
48,825
51,625
52,624
57,487
51,813
45,105
48,583
56,000
49,979
41,405
44,847
41,840
Sales/Revenue/Turnover
5.32
14.41
12.09
6.13
9.26
12.2
12.12
8.48
6.53
6.82
12.34
5.35
-6.44
-2.46
-14.82
2.17
-12.69
Operating Margin (%)
2,510
2,855
3,240
3,197
3,029
2,905
2,760
2,790
2,647
2,559
2,466
2,255
2,193
2,256
2,394
2,991
2,593
Depreciation Expense
653
2,715
1,880
-2,434
-33
1,163
1,575
705
211
502
2,068
785
-1,269
-2,273
-1,437
-672
-3,351
Net Income, GAAP
28.47
25.47
33.12
- -
127.36
28.96
37.37
21.44
49.24
- -
32.9
22.8
- -
- -
- -
- -
- -
Effective Tax Rate (%)
1.8
5.86
3.65
-4.79
-0.07
2.38
3.05
1.34
0.37
0.97
4.58
1.62
-2.27
-4.55
-3.47
-1.5
-8.01
Profit Margin (%)
-10,008
-10,948
-9,376
-9,511
-9,145
-10,803
-4,879
121
-1,769
-4,955
-6,543
-1,892
6,003
-99
4,600
88
- -
Working Capital
15,131
17,519
21,321
22,407
25,068
21,265
24,515
28,782
25,944
24,184
20,021
19,420
18,062
14,349
10,706
9,763
- -
LT Debt
39,917
39,515
40,125
36,960
49,620
50,768
52,105
53,091
53,001
55,543
57,723
60,234
58,268
55,993
101,962
101,243
- -
Total Equity
4.1
7.26
5.83
- -
-1.63
4.98
4.68
4.17
2.23
- -
4.17
2.25
- -
- -
- -
- -
- -
Return on Invested Capital (%)
8.16
10.07
7.26
- -
-2.05
7.48
7.8
6.87
3.76
- -
8.67
6.07
- -
- -
- -
- -
- -
Return on Capital (%)
11.23
22.4
14.24
-19.41
-0.33
12.99
16.33
7.08
2.14
5.13
19.38
10.76
-40.95
-73.36
-46.37
-21.7
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
945
- -
LT Borrowings
- -
10,664
- -
LT Finance Leases
- -
43
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
465
- -
Market Capitalization
116,700
96,420
133,375

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
17,105
- -
Cash, Cash Equivalents & STI
- -
1,048
- -
Accounts Receivable, Net
- -
6,592
- -
Inventories
- -
5,562
- -
Total Current Liabilities
- -
12,505
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
945
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.17%
15.72%
-0.71%
Free Cash Flow
-40.17%
-169.49%
-21.73%
Net Income, GAAP
2.59%
-66.92%
-53.2%
Sales/Revenue/Turnover
-0.25%
0.68%
8.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14,367
12,644
11,131
12,666
49,979
2025
10,268
10,218
9,398
11,976
41,405
2026
10,247
11,143
12,286
- -
44,847

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.86
-2.56
0.02
- -
-7.34
2025
1.89
-10.94
3.95
0.32
-3.09
2026
-2.86
-0.06
1.28
- -
-1.45

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
The India Cements Limited, established in 1946, operates as a prominent manufacturer and marketer of cement and associated building materials across India, with a significant footprint primarily in the southern regions and Maharashtra. The company's diverse product portfolio features cement varieties like Ordinary Portland Cement and Portland Pozzolana Cement, marketed under well-known brand names such as Sankar Super Power, Coromandel King, and Raasi Gold, alongside specialized cements including Coromandel SRPC. Additionally, it provides ready mix concrete and allied products like wall putty. With an operational capacity of approximately 14.75 to 15.6 million tonnes annually, spread across several integrated plants in Tamil Nadu, Andhra Pradesh, Telangana, and Rajasthan, and grinding units in Tamil Nadu and Maharashtra, the company serves a broad customer base. This includes individual home builders, large-scale infrastructure projects, and original equipment manufacturers. Beyond its core cement business, the company has historically diversified into areas like power generation, shipping, and coal mining operations, which are managed through various subsidiaries. In a significant development in July 2024, UltraTech Cement Limited completed the acquisition of a majority stake in The India Cements Limited, transitioning it into a subsidiary of the Aditya Birla Group's flagship cement company. The company actively exports its cement and clinker to international markets, including nations like Sri Lanka, Bangladesh, and Myanmar. Headquartered in Chennai, India, The India Cements Limited maintains an extensive distribution network, ensuring wide market reach.